on October 15, 2021, the Company has signed contracts for the aforementioned projects with Hongsa Electricity Company Limited. The details are as follows:
|
1.Project Name |
North Pit Wall Expansion |
|
Employer |
Hongsa Power Company Limited |
|
Scope of Work |
Excavation and transportation of waste to dumping area as designated by the Employer |
|
Period of Work |
5 years (starts approximately from May 2022 to April 2027) |
|
Contract Value |
837 million baht |
|
2. Project Name |
Build, Lease and Transfer (BLT) |
|
Employer |
Hongsa Power Company Limited |
|
Scope of Work |
Conveyor belt system construction |
|
Period of Work |
13 years, consisting of: · Construction period (starts approximately from October 2021 to March 2024) · 10 years lease income period (starts approximately from April 2024 to March 2034) |
|
Contract Value |
2,245 million baht |